Markets
Nasdaq 100 beats chip index by 460 basis points as hyperscalers rally
Big tech platforms added over $750 billion in value after the midterms while semiconductor stocks slid more than 3% Wed 4 Nov 2026 · 22:40 EST · 3 min read In Stocks Share Wednesday’s market looked calm from a distance. The Nasdaq-100 climbed approximately 0.9% on November 4, 2026, the session after a Democratic sweep in the US midterm elections. Zoom in, and the picture changes. The Philadelphia Semiconductor Index (SOX) fell about 3.1% on the same day, leaving a gap of roughly 4.6 percentage points, or 460 basis points, between the two benchmarks. That spread ranks among the widest...
Crypto Briefing5 min read
